Adams Street Partners Closes Sixth Co-Investment Fund with $2.5 Billion of Capital

Oversubscribed program highlights strong global demand for co-investments and Adams Street’s disciplined, access-driven strategy

CHICAGO--(BUSINESS WIRE)--Adams Street Partners, a leading private markets investment management firm with more than $65 billion in assets under management (“Adams Street”), today announced the successful close of its Co-Investment Fund VI (“Fund VI”), with $2.5 billion in committed capital, exceeding its target.

Fund VI attracted strong demand from a global investor base, underscoring continued interest in co-investment strategies. We believe the strong demand is evidence of investors’ continued pursuit of enhanced selectivity, efficient access to private equity opportunities, and the ability to deploy capital alongside high-quality managers. The program builds on Adams Street’s longstanding co-investment platform, which seeks to provide diversified exposure to investments alongside high-quality managers across sectors, geographies, and market cycles. Following the Fund VI close, Adams Street manages $7.2 billion in co-investment strategy assets.

“Fund VI’s successful close reflects both the strength of our co-investment platform and the increasing role co-investments are playing in investor portfolios,” said Dave Brett, Partner & Head of Co-Investments at Adams Street Partners. “Investors are continuing to prioritize strategies that have the potential to offer greater visibility, alignment, and cost efficiency. Our global platform and long-standing GP relationships have historically enabled us to source and execute opportunities alongside many leading sponsors, while constructing diversified portfolios designed to perform across market environments.”

Recent findings from Adams Street’s Global Investor Survey highlight sustained demand for co-investments, with investors citing the ability to enhance returns, reduce fee drag, and gain more direct exposure to high-conviction opportunities as key drivers of increased allocations to the strategy.

“We believe co-investments remain a compelling solution in today’s market, where access and selectivity are critical,” said Jeffrey Diehl, Managing Partner & Head of Investments at Adams Street Partners. “Fund VI’s oversubscribed close, despite a more challenging fundraising environment, reflects investors’ confidence in our ability to deliver differentiated opportunities and build disciplined portfolios aligned with their investment objectives.”

About Adams Street Partners

Adams Street is a global investment firm managing a comprehensive suite of private markets investment solutions. The firm provides private equity and private credit strategies to institutional investors, growth capital to innovative companies, and evergreen funds that offer access to multiple strategies through a single, investor-friendly commitment. The firm also supports wealth advisors with private markets solutions structured to be more flexible and accessible than traditional closed-end funds. With over 50 years of experience, Adams Street leverages deep market insights, global relationships, and proprietary data as it seeks to help investors achieve long-term investment goals. The firm is 100% employee-owned, manages $65 billion in assets, and operates out of 15 offices globally. Visit www.adamsstreetpartners.com

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